From what I see, hear and live the above is commonplace more often than not.
So how does this create a million jobs? Carney/Obama's theory seems to think people are rich when they get unemployment insurance and they will go spend and shop creating jobs? On UI you go to the grocery store and pay basic bills, barely. You don't go out and buy extravagant things or eat out. They are all on crack
Leftist logic. Unemployment payments create jobs, but tax cuts don’t.
I seriously doubt that people getting unemployment benefits are spending more than they did before, whereas a worker getting taxed less is going to spend more.
Socialists are evil.
LLS
just stupid.
We can not afford to provide more than 6 months unemployment for anyone.That is the guaranteed 26 weeks plus one extension.Some have got them for 99 weeks.We can’t afford this.
We can not afford to provide more than 12 months unemployment for anyone.That is the guaranteed 26 weeks plus one extension.Some have got them for 99 weeks.We can’t afford this.
Well using Rush’s comment after San Fran Nan said this some time last year: “We should lay everyone off and be on unemployment and everyone would be employed within weeks”.
Good gosh, these morons are totally insane.
Where does the money come from for the unemployed?
Do you pay taxes?
.
Unemployment dollars are pulled out of the economy thru taxes, or borrowed, and then the person getting them spends them. Net zero or increases the “credit card balance” for the US.
We have an economy that is based on CONSUMPTION, not PRODUCTION. Until you create productive, good paying jobs, no matter how many people you give a check to you aren't producing anything other than a socialist economy.
Someone said it yesterday in another thread:
"So Peter is going to borrow from Peter again to pay Paul.."
NO LEADERSHIP or VISION.
All I see are politicians TREADING WATER while they try to figure out how to compete in a global economy with one hand tied behind your back.
In my opinion... "we're miles from nowhere".
Obamanomics 101: the more people who lose their jobs, the more jobs will be created.
OOOkay
Not to mention that for every dollar the government gives out... more than a dollar has to be taken in from the private sector to cover it.
That equals a net loss all around.